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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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To: rimshot who wrote (851)11/2/2022 9:04:13 AM
From: rimshot  Read Replies (1) of 1309
 
$NYA - NYSE Composite index daily closes chart since 2015

stockcharts.com

* PMO attempting to cross above zero line on a lasting basis?

* bulls need the TSI to continue its advance & remain above the zero line

** NYSE cumulative net Advancers minus Decliners line must hold above
the 39 & 19-day EMA's as a minimum
to be constructive for the future
bullish scenario ...
in addition, any future bear kiss from below of its 200-day EMA
would represent a highly actionable tell

** the $NYA price action 21,2 %B hit the highly probable danger zone in recent days
for at least a minor price decline to follow & possibly a large pullback
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